Dash(DASH)

As Bitcoin surges back above $67,000, altcoin markets are experiencing a resurgence, with profits flowing into more speculative cryptocurrency assets. According to insights from @santimentfeed’s dashboard, two tokens have particularly caught the attention of traders: $POPCAT: This memecoin has seen a remarkable 41% increase in market capitalization over the past […]

Recent data from intotheblock’s perspective dashboard sheds light on the stablecoin landscape within the collateralized debt positions (CDP) ecosystem. Thereby, showcasing DAI’s prominent position as the leading stablecoin with the largest number of holders. In the realm of DeFi’s collateralized debt positions, users utilize blockchain-based smart contracts and various cryptocurrencies […]

Jack Dorsey and Luke Dashjr said Bitcoin has evolved from a toy project to a significant endeavor, highlighting its incredible journey.

"All it was doing was generating noise," the Bitcoin Core maintainer Ava Chow says of Luke Dashjr's pull request, which would have severely curtailed the use of Ordinals.

Luke Dashjr's technical proposal sounded innocuous enough: to make the popular Bitcoin Core software "effective with newer datacarrying styles." In reality, the effort represented a sophisticated but controversial plan to block the suddenly popular "inscriptions" known as "NFTs on Bitcoin."

Monero (XRM), ZCash (ZEC), and Dash (DASH), are some of the assets involved in the process.

More than 20 trading pairs will be delisted next week as they no longer meet the crypto exchange's listing criteria.

Bitcoin Core developer Luke Dashjr uncovers critical vulnerability in Bitcoin Core, exposing exploitation through Inscription.

As unconfirmed transactions on the Bitcoin blockchain rise, Luke Dashjr, a prominent developer pledges that Ordinal Inscriptions are a 'bug' that will be fixed.

Dive into the dynamic trajectories of Polkadot (DOT) and Avalanche (AVAX) as they navigate the ever-changing cryptocurrency landscape. Our in-depth analysis examines the latest staking upgrades and network activities influencing their market positions. With DOT breaching new heights post-staking dashboard update and AVAX showcasing robust network performance, our review offers a nuanced perspective on their future prospects. Stay informed and ahead in the crypto arena with our expert insights, which dissect the complexities of potential market upswings or downturns in this volatile financial environment.

Federal law enforcement has seized $54 million worth of cryptocurrencies from the leader of a notorious New Jersey drug ring, U.S. Attorney Philip R. Sellinger said Thursday in a statement.

Pond0x reported that its DEX reached $100 million in cumulative volume, citing a Dune dashboard as evidence.

In a surprise move, the US Securities and Exchange Commission (SEC) has once again delayed a set of deadlines in the pile of spot Bitcoin ETF applications awaiting responses.

The cryptocurrency environment has had massive runs in recent years. The digital payment and transaction niche has taken over the financial industry. The industry has promoted decentralization and has evicted the third-party systems that contribute towards the centralization of the monetary systems, an example being central banks. With innovations such as Bitcoin, Dash, and Ethereum, […]

SEBA Hong Kong, the Hong Kong arm of the crypto-friendly Swiss-based bank SEBA Bank, announced it received in-principle approval from the Hong Kong Securities and Futures Commission (SFC). The Hong Kong branch of the Swiss SEBA Bank announced it was granted preliminary approval from the SFC, which allows it to deal in virtual assets. SEBA Hong Kong Completes First Step to Acquiring Official License Today, SEBA Bank announced in a press release its Hong Kong subsidiary, SEBA Hong Kong, received approval-in-principle (AIP) from the SFC. According to its press statement, the AIP for its license application to operate regulated activities in the city-state allows it "to deal in securities, including virtual assets-related products, such as OTC derivatives and structured products; advise on securities and virtual assets; and conduct asset management for discretionary accounts in both traditional securities and virtual assets." SEBA explained that the license, when issued, allows SEBA Hong Kong to join the first group of licensed corporations in Hong Kong to offer investment services with crypto capabilities. Receiving an AIP is the first significant step in SEBA Hong Kong's journey to obtaining an official license "that will allow it to operate as a licensed entity once all the SFC conditions have been met." Amy Yu, CEO APAC of SEBA Hong Kong, commented: "It is exciting to be at the forefront of innovation in one of the world's leading financial and technological centres, Hong Kong. This AIP signifies that all our efforts are heading in the right direction –– SEBA group wants to service crypto investors in jurisdictions that recognise the value of digital assets. We see enormous potential in Hong Kong's journey to becoming a global crypto market leader and look forward to contributing to that trajectory. SEBA Hong Kong commends the example Hong Kong sets for regulatory standards worldwide, and values the role of this licence in expanding our regulated footprint across Asia Pacific." Franz Bergmueller, Group CEO of SEBA Bank, commented on the significance of obtaining an AIP: "SEBA Hong Kong's AIP is a reflection of our team's commitment towards compliance and due diligence — essential pillars of tomorrow's digital economy. Complementing SEBA group's established licences in Switzerland (FINMA) and Abu Dhabi (FSRA), the Hong Kong AIP significantly extends our global regulatory footprint. SEBA group aligns itself with the Hong Kong government and its financial regulators in facilitating an environment that supports the responsible growth of the digital assets industry." Hong Kong Works Toward Becoming a Crypto Hub Hong Kong announced its intention to become a hub for digital assets and has introduced several new measures to attract crypto firms to its shores. The city-state introduced new regulations for the industry, which took effect in July. HashKey Exchange became the first licensed crypto exchange in Hong Kong under its newly implemented regulatory framework. The exchange upgraded its type 1 and type 7 licenses, allowing it to serve retail customers. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Bitcoin Price Analysis: Gains Partially Retained – 31 August 2023 Bitcoin (BTC/USD) continued to retain some of its gains early in the Asian session as the pair sought to remain above the 26709.83 level, representing the 50% retracement of the appreciating range from 25234.76 to 28184.89. During the pair’s rapid ascent above the 28000 figure, Stops were elected above key technical levels during the huge rally including the 27139, 27466, 27728, and 27766 areas. Related upside technical levels that BTC/USD could test in the short-term include the 28316, 28548, 29145, 29330, and 30183 areas. Above the market, upside price objectives include the 30526, 30611, 30762, and 31145 areas. Upside price objectives related to other levels of buying pressure include the 32125 and 33569 areas, and Stops are cited above additional upside price objectives around the 32043, 34531, 34658, and 35912 areas. Following the upside run, areas of technical support and potential buying pressure include the 26947, 26620, 26293, and 25828 levels. Stops were elected below the 27314 and 27234 levels during the pullback after the print around the 28184 area, downside price objectives associated with selling pressure around the 27941 and 27778 areas. Related short-term downside price objectives include the 27045, 27009, 26732, and 26283 levels. Areas of technical support and potential buying pressure in appreciating ranges from the 15460 and 19568.52 levels include the 23661, 22793, and 21725 levels. The recent fresh multi-month low around the 25234.76 area represented a test of a major downside price objective around the 25128.94 area that is associated with selling pressure that increased around the 31862.21 and 30421.29 levels in July. Traders areobservingthat the50-bar MA (4-hourly)isbearishly indicating below the 100-bar MA (4-hourly)andbelow the200-bar MA (4-hourly). Also, the 50-bar MA (hourly) is bullishly indicating above the 100-bar MA (hourly) and above the 200-bar MA (hourly). Price activity is nearest the100-bar MA(4-hourly) at 27068.11 and the50-bar MA(Hourly) at 26770.83. Technical Supportis expected around24440.41/ 23270.10/ 22769.39 withStopsexpected below. Technical Resistanceis expected around31986.16/ 32989.19/ 34658.69 withStopsexpected above. On4-Hourlychart,SlowKis Bearishly below SlowDwhileMACDis Bullishly above MACDAverage. On60-minutechart,SlowKis Bearishly below SlowDwhileMACDisBearishly below MACDAverage. Sally Ho’s Technical AnalysisView Yesterday’s Trading Analysis

Georgetown, Cayman Islands, August 30th, 2023, Chainwire Multiple core contributors of Quickswap, celebrated for their success on Polygon, have launched their next venture: Kinetix Finance on Kava Chain. Kava Chain is a Layer-1 Cosmos-Ethereum interoperability blockchain. The Kinetix Finance perpetual exchange is tailored for users eager to leverage trade without the limitations of traditional centralized exchanges. Kinetix's innovative Perpetual Market allows users to leverage trade on the Kava Chain. The Perpetual Market meets the rising demand for decentralized trading solutions, offering users leveraged exposure to crypto assets like KAVA, axlETH, axlWBTC, ATOM, and USDt all while ensuring utmost transparency and security. "The Perpetual Market is not just another trading platform — it is a reflection of Kinetix's dedication to providing decentralized solutions that empower our users. With this platform, we're offering a unique, secure, and efficient way to leverage trade on the Kava Chain," said Kinetix team lead Alexi Atlas. At the heart of Kinetix's Perpetual Market is the distinctive liquidity pool system, KLP. LPs can offer any of the initial five supported assets: KAVA, axlETH (ETH), axlBTC (BTC), ATOM, and USDT. In return for contributing these tokens, participants receive KLP, a special liquidity token representing the entire basket. This decentralized structure, combined with the protocol's AMM, facilitates leverage trading, allowing users to borrow based on the value of their collateral. “Kinetix's Perpetual Market boasts a suite of features tailored to cater to sophisticated DeFi users. Its decentralized nature guarantees that positions of any size can be taken with clarity and safety,” said Scott Stuart, Kava Chain Co-founder. “And the KLP token is a nod to traditional liquidity pool systems, ensuring familiarity and ease of use for traders.” For more updates, follow Kava Chain and Kinetix Finance on X (fka Twitter). About Kava Kava Chain is a secure, lightning-fast Layer-1 blockchain that combines the developer power of Ethereum with the speed and interoperability of Cosmos in a single, scalable network. Committed to fostering innovation and growth, Kava Chain is a trusted choice for developers and users worldwide. About Kinetix Kinetix Finance is building a DeFi Hub featuring perpetual futures trading and the most sophisticated trading instruments on Kava, connecting the major building blocks of decentralized finance. Your best trade, every trade. Contact Media ManagerGuillermo [email protected]

Peter Schiff took to Twitter to assure his followers that bitcoin adoption was not imminent and that a gambling use case would not be good enough either. Schiff scathing of Grayscale success Success for Bitcoin is absolute anathema to Peter Schiff. He has staked much of his reputation on Bitcoin just being a passing fancy and whenever anything happens to the contrary he heads straight to Twitter to give his anti-bitcoin views. When CNBC talking heads made the case that the recent victory for Grayscale over the SEC would likely lead to a momentum shift in the bitcoin price, Schiff took to Twitter to give his views on the subject. Once again the #Bitcoin shills on @CNBC have it wrong. A spot Bitcoin ETF does nothing to increase adoption. All it does is make it easier for some speculators to place directional bets on price. CNBC shills don't realize that gambling doesn't count as a use case for a currency. — Peter Schiff (@PeterSchiff) August 29, 2023 Gambling Schiff really has the bit between his teeth as he accuses speculators of “gambling” on bitcoin’s price direction. Of course, he is right in some respects here, as there are also others who do not yet understand what bitcoin offers over and above short term price movements. To gamble on bitcoin moving up or down when good or bad news drops is one thing, but Schiff does not mention the 75% or so of long term holders who haven’t sold anything in the last year, in spite of bitcoin visiting its cycle lows. Entrenched views Poor Peter has dug himself into a bit of a hole now with Bitcoin. Known as quite an eminent economist and financial analyst, Schiff has always been 100% against Bitcoin. Initially treating it as a bit of a joke, and more recently becoming more vehement in his dislike of the asset. Many might wonder how Schiff is still so entrenched in his views when even the likes of multi-trillion asset management Blackrock CEO Larry Fink is extolling the virtues of the king of the cryptocurrencies. Gold, not Bitcoin The answer is probably quite straightforward. Bitcoin takes the spotlight and much of the wealth away from what is dear to Schiff’s heart, and that is gold. Schiff’s business is gold, and with an economic catastrophe looming on the horizon, he would expect many to put their wealth into this proven hedge in the very worst times in monetary history. When realisation hits Bitcoin is probably becoming an irritating distraction to Schiff, and instead of acknowledging that it is an alternative asset to gold and just buying both, Schiff is bent on propagating the somewhat silly view put out by certain bankers and heads of global financial agencies that Bitcoin has no intrinsic value. Just like a staunch, fully paid-up member of the Flat Earth Society, Schiff looks as though he is going to tough it out no matter what. When bitcoin gets to its cycle top at a potential $100k and then enters the next bear market, he will say: “I told you so”. When Schiff comes to the full realisation that he has been wrong all this time it will be very interesting to see how he reacts. He does have a good sense of humour, and will need to call on it when the time comes. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Seoul, South Korea, August 30th, 2023, Chainwire It brings together the most sought-after builders, enterprises, thought leaders, and innovators to spark crucial conversations that shape the future of the industry FactBlock, a Web3 ecosystem accelerator and the organizer of KBW2023 along with the co-host Hashed, a prominent Web3 venture fund based in South Korea, are delighted to announce that delegates attending the 6th Edition of the Korea Blockchain Week will get to witness the most influential people in the industry sharing their learnings and insights on every aspect of crypto, Web3 infrastructure and beyond. It’s where the change makers shape the narratives and set the agenda for the future. This year’s impressive speaker lineup features more than 200 thought leaders and builders including Ethereum Co-founder Vitalik Buterin, Circle CEO Jeremy Allaire, Wemade CEO Henry Chang, Maelstrom CIO Arthur Hayes, Hashed CEO Simon Kim, BitGo Co-founder and CEO Mike Belshe, Polygon Co-founder Sandeep Nailwal, Line Next’s Business Director Woosuk Kim, and SkyBridge Capital’s Founder and Managing Partner Anthony Scaramucci. Seonik Jeon, CEO of FactBlock, said, “Established in 2018 to rectify information imbalances in blockchain and cryptocurrency, KBW now enters its sixth year. Evolving annually, we provide global crypto communities with insightful knowledge, networking, and entertainment. This year, in addition to featuring renowned speakers and diverse sessions to share insights at the Impact conference, we are launching a Web 3-based art and music festival. We anticipate all KBW 2023 participants will relish an immersive week-long engagement with shared knowledge, art, music, and culture in Korea.” Attendees will also have more opportunities than ever before for networking, collaboration, and discussion. As Asia’s most impactful blockchain event, the week-long conference will be a platform where blockchain builders from all over the world discover the future of Web3, and explore its impact on various industries and cultures. The conference will take place from September 4 to September 10, with the main event, KBW: Impact, running from September 5 to 6 at The Shilla Seoul. Simon Kim, CEO of Hashed, stated “KBW is establishing itself as a B2B platform that goes beyond mere conferences and events, generating practical multinational business collaboration opportunities. In this event, we can anticipate not only the participation of exceptional speakers as mentioned above but also the excitement of more than 150 diverse side events scheduled to take place.” With the rising technology, institutional fever, and mass adoption in focus, the organizers aim to make KBW2023 an idea lab rather than an echo chamber. It’s where builders, investors, legacy finance executives, policymakers, and crypto-curious newcomers flock to exchange ideas, collaborate, and find solutions to some of the thorniest challenges facing the industry. The biggest highlight of the upcoming conference will be KBW: IMPACT, the main 2-day event that brings together thought leaders and crypto-curious from around the world to spark discussions along the following core themes: Fundamentals– Dedicated to answering the fundamental questions of blockchain and crypto. Kingdom of Ethereum – Shining light on the future of Ethereum infrastructure and community. Oil the Wheels – Addressing subjects that make blockchain ecosystem and developers’ growth. Way to Billions – Analyzing the key challenges and contributors to mass adoption. What's on Chain – Showcasing and harnessing the power of on-chain data for research, analysis, DeFi, risk management, and more. Regional Taste – A look at how the unique strengths of markets like Korea, Japan, India and Southeast Asia are helping them embrace blockchain technology. Tech Unleashed – A deep dive into emerging trends and technologies such as zero knowledge, shared sequencing, orderbook DEXes, privacy, interoperability, and more. Digital Nation – Dedicated to exploring how blockchain technology will shape the social structures with DAOs, decentralized social graphs, and metaverse. Institutional Fever – Dedicated to the B2B side of blockchain, it would serve as a bridge between Web2 enterprises, financial conglomerates, and Web3 projects. Code in Law – To help the industry players understand the regulatory landscape. The week-long industry gathering will spotlight three main events, an official afterparty, and almost two hundred side events. Highlights include the two-day keystone conference "Impact" on September 5th and 6th; the two-day immersive digital art experience "The Gateway: Korea” with nft now on September 7th and 8th; and the two-day music festival "Micro Seoul: Seoulbound" as the official closing ceremony of KBW. Rounding off the week, "Beyond Seoul" will take center stage as the official KBW afterparty from September 7th to 10th, celebrating the intersection of technology, culture, and self-expression. With over a hundred registered side events, attendees can expect a week brimming with engagement and insight. About Korea Blockchain Week Korea Blockchain Week is the premier blockchain and cryptocurrency event in Asia, bringing together industry leaders, investors, and enthusiasts worldwide to discuss and explore the latest developments and trends. Organized by Factblock and co-hosted by Hashed, the conference features a series of speeches and panel discussions by the leading minds of the blockchain space, as well as a rich selection of side events and networking opportunities to foster collaboration within the Korean and global blockchain community. Buy Tickets Attend as Media Discover Sponsors Check out FAQ Contact Itai [email protected]

South Korean crypto exchanges with “real-name” bank accounts must hold $2.3 million in reserve funds according to new mandates to improve customer protection. Starting in September, South Korean cryptocurrency exchanges must comply with a new mandate that states they must reserve a minimum of three billion won ($2.3 million) to safeguard consumers. Exchanges With “Real-Name” Bank Accounts to Comply with Reserve Requirements According to the “Virtual Asset Real-Name Account Operation Guidelines” published by the Korea Federation of Banks (KFB) in July, the reserve requirement applies to crypto exchanges that have been issued with accounts from “real-name” local banks. These accounts refer to clients that comply with Know-Your-Customer (KYC) requirements and use the same name with the exchange as they do with the banks. Under the KFB’s guidelines, exchanges are to set aside 30% of their daily average deposits or three billion won – whichever amount is more significant- in reserve. Reserves are, however, capped at 20 billion won. The KFB’s guidelines further introduce enhanced KYC procedures and additional authentication for collection transfers. While the new minimum reserve requirement takes effect in September, the additional KYC and verification measures are set to take effect in January 2024, Finance Magnates reports. South Korea Introduces Clarity for the Crypto Sector South Korea recently issued many new measures to enhance consumer protection. The country is also actively introducing more precise regulatory guidelines for the industry as it tries to fight crime and fraud and prepares to introduce new taxation guidelines. The South Korean government initially sought to introduce a 20% tax levy on all cryptocurrency earnings but has postponed its plans until 2025. The government explained that it would first introduce regulations to protect investors and provide clarity for the industry going forward. As such, the government recently introduced an interagency investigation team to help it manage crypto regulation and as part of its efforts to address the rising number of illicit crypto-related activities in South Korea. In a bid to fully regulate the industry, South Korea’s Financial Service Commission issued draft rules requiring companies holding or issuing cryptocurrencies to disclose their holding in financial statements from 2024. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Bitcoin Price Analysis: Monster Gains Scored – 30 August 2023 Bitcoin (BTC/USD) sought to add to major gains early in the Asian session as the pair rocketed higher to trade above the 28000 area for the first time in more than ten days, printing around the 28184.89 area. Stops were elected above key technical levels during the huge rally including the 27139, 27466, 27728, and 27766 areas. Related levels that BTC/USD could test in the short-term include the 28316, 28548, 29145, 29330, and 30183 areas. Above the market, upside price objectives include the 30526, 30611, 30762, and 31145 areas. Upside price objectives related to other levels of buying pressure include the 32125 and 33569 areas, and Stops are cited above additional upside price objectives around the 32043, 34531, 34658, and 35912 areas. Following the upside run, areas of technical support and potential buying pressure include the 26947, 26620, 26293, and 25828 levels. Below the market, Stops are cited below the 25706, 25698, 25645, 25493, and 25363 levels, downside price objectives related to selling pressure around the 26818 and 26567 areas. Areas of technical support and potential buying pressure in appreciating ranges from the 15460 and 19568.52 levels include the 23661, 22793, and 21725 levels. The recent fresh multi-month low around the 25234.76 area represented a test of a major downside price objective around the 25128.94 area that is associated with selling pressure that increased around the 31862.21 and 30421.29 levels in July. Traders areobservingthat the50-bar MA (4-hourly)isbearishly indicating below the 100-bar MA (4-hourly)andbelow the200-bar MA (4-hourly). Also, the 50-bar MA (hourly) is bullishly indicating above the 100-bar MA (hourly) and above the 200-bar MA (hourly). Price activity is nearest the200-bar MA(4-hourly) at 28218.39 and the50-bar MA(Hourly) at 26131.27. Technical Supportis expected around24440.41/ 23270.10/ 22769.39 withStopsexpected below. Technical Resistanceis expected around31986.16/ 32989.19/ 34658.69 withStopsexpected above. On4-Hourlychart,SlowKis Bullishly above SlowDwhileMACDis Bullishly above MACDAverage. On60-minutechart,SlowKis Bullishly above SlowDwhileMACDisBullishly above MACDAverage. Sally Ho’s Technical AnalysisView Yesterday’s Trading Analysis Disclaimer: Sally Ho’s Technical Analysis is provided by a third party, and for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

New Crypto Breakthrough in Amsterdam and Political Support for Bitcoin It is not every day that interesting events or conferences are held in the crypto market, and therefore it is especially important to talk about them. To ensure that all interested parties receive the necessary information in a timely manner. That is why I would like to announce a groundbreakingevent this fall - the Bitcoin Amsterdam conference on October 12-14 in the capital of the Netherlands. Recognizing the importance and significance of the event, the media partner of the event will be the well-knownBitcoin Magazine, whose Ukrainian franchise I am developing. Our readers will receive prompt information about the conference, its participants, and the topics discussed. I have no doubt that it will be interesting and professional, as always with Bitcoin Magazine. We will see a lot of interesting speakers who, I am sure, will be able to attract both professionals and those who are just discovering the crypto market. The event is expected to feature speeches by Blockstream co-founder and CEO Adam Beck, Paxful CEO Ray Youssef, Bitrefill CEO Sergey Kotlyar, White Rock Management CEO Andy Long, and even Prince Filip Karageorgovich of Serbia. Of course, this is not a complete list, and there will be many authoritative and interesting personalities. I think that especially those present will be interested in the founder of the Bitcoin fraction and member of the Libertarian Party of the Netherlands Tom van Lamoyen, who has already confirmed his participation on his page in X (former Twitter). In the parliament of his country, he deals with issues of economy, finance, taxation and supports the development of the crypto market, and he is considered a serious crypto activist. “Bitcoin is digital libertarianism,” Lamoyen stresses. The Libertaire Partij (LP) is not a newcomer to politics (it has been in existence for 30 years) and advocates clear values that it articulates: to create "a free world, a world in which no one is forced to sacrifice his life or property for the benefit of others". In 2014, the LP became the first political party in the Netherlands to adopt and support Bitcoin. I am sure that Tom van Lamoyen will share with the participants of Bitcoin Amsterdam interesting experience and ideas for the future. There is a growing interest in cryptocurrencies in Europe, especially in the Netherlands. In 2023, CoinGecko analysts conducted an interesting survey and published a rating of the European states that are most interested in digital assets. The Netherlands, which accounted for 7.3% of such interest, ranked second after the United Kingdom. Analysts reported that most often the Dutch choose such coins - Fuse, Bone ShibaSwap and Cellframe. In this country, full legalization of crypto has not yet passed, but the Central Bank of the Netherlands (DNB) has already issued work permits to 36 crypto companies. Last month, for example, it was received by Crypto.com, and before that – Coinbase Europe, eToro, Bitstamp. In the Netherlands, crypto activists are very strong, and we see the results of their work. There are very interesting projects. For example, last year it became known about a giant greenhouse near Rotterdam, which is heated by the heat emitted in the process of mining Bitcoin - it does not go to waste, as in other farms. Mining servers are powered by solar panels on the roof. The result is a carbon-neutral operation that performs an important environmental function and allows you to reduce costs. The initiative is called Bitcoin Bloem, and I’m sure it will inspire many to other interesting projects. I think Tom van Lamoyen will be able to share his experiences and talk about other initiatives in his country and abroad. It is not only pleasant, but also very useful when politicians are interested in the crypto market and try to help its development. There are more and more examples of this around the world. In particular, Daniel Rish, Prime Minister and Finance Minister of Liechtenstein, has repeatedly stated the need for full legalization of Bitcoin in his country, and promised that cryptocurrency will be used to pay for public services. He also allowed investing in Bitcoin part of the foreign currency reserve of the state, which now amounts to 2.2 billion Swiss francs (2.5-year state budget of Liechtenstein). In Poland, for example, Yaroslav Gowin from the center-right Accord party, formerly known as Poland Together, is a fan of cryptocurrencies. It was part of the ruling coalition United Right from 2015 to 2021. For most of this period, Gowin was Deputy Prime Minister as well as a member of parliament, and emphasized the potential of cryptocurrency and other financial innovations. We should not forget about the American Cynthia Loummis– a US Senator from Wyoming, with whom I had the honour to discuss the prospects for the industry development and who has long supported the idea of cryptocurrencies. She bought her first Bitcoin back in 2013. Many times, shesupported laws expanding the use of cryptocurrency in the United States and two years ago, shelaunched the Senate Financial Innovation Group. Now, she is member of the Senate Banking Committee. A few days ago, from the report of the Office of Government Ethics it became known that her epic Republican colleague and ex-president of the United States Donald Trump keeps up to $500 thousand in Ethereum wallet. Earlier, the media reported that Democratic presidential candidate Robert F. Kennedy Jr. (nephew of the 35th American president) bought 14 bitcoins for his children — 2 each. He is a very progressive politician, whom many openly call a crypto activist after his impressive speech at the crypto conference in Miami in May 2023 at The Miami Beach Convention Center. Kennedy publicly called Bitcoin a hard currency and put it on a par with silver, gold, and platinum, noting that it is able to support the US dollar, and open a new stage of financial stability of the world and prosperity of the country. The support of politicians is very important, as it contributes to the development of the crypto market and its widespread legalization. I think Robert F. Kennedy will be right, and eventually this support will help save the classical financial market as well. Serhiy Tron is an investor and the founder of White Rock Management. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Bitcoin Price Analysis: Bearish Reversal at 26187 – 29 August 2023 Bitcoin (BTC/USD) retained a negative bias early in the North American session as the pair ran out of upward momentum around the 26187.70 area and came off to the 25903.18 level, representing a test of a downside price objective associated with selling pressure around the 26567.38 area. Technical trading was also recently evident when upside progress reversed around the 26232.88 area, right around a downside price objective linked to recent downward pressure around the 26787.41 and 26567.38 levels. Stops are cited below the 25706, 25698, 25645, 25493, and 25363 levels, downside price objectives related to selling pressure around the 26818 and 26567 areas. Areas of technical support and potential buying pressure in appreciating ranges from the 15460 and 19568.52 levels include the 23661, 22793, and 21725 levels. Following recent selling pressure, areas of technical resistance and potential selling pressure include the 27139, 27728, 27766, 28316, 28548, 29154, 29330, and 30443 levels. The recent fresh multi-month low around the 25234.76 area represented a test of a major downside price objective around the 25128.94 area that is associated with selling pressure that increased around the 31862.21 and 30421.29 levels in July. Above the market, upside price objectives include the 30526, 30611, 30762, and 31145 areas. Upside price objectives related to other levels of buying pressure include the 32125 and 33569 areas, and Stops are cited above additional upside price objectives around the 32043, 34531, 34658, and 35912 areas. Traders areobservingthat the50-bar MA (4-hourly)isbearishly indicating below the 100-bar MA (4-hourly)andbelow the200-bar MA (4-hourly). Also, the 50-bar MA (hourly) is bearishly indicating below the 200-bar MA (hourly) and above the 100-bar MA (hourly). Price activity is nearest the50-bar MA(4-hourly) at 26078.91 and the100-bar MA(Hourly) at 26040.47. Technical Supportis expected around24440.41/ 23270.10/ 22769.39 withStopsexpected below. Technical Resistanceis expected around31986.16/ 32989.19/ 34658.69 withStopsexpected above. On4-Hourlychart,SlowKis Bearishly below SlowDwhileMACDis Bullishly above MACDAverage. On60-minutechart,SlowKis Bullishly above SlowDwhileMACDisBearishly below MACDAverage. Sally Ho’s Technical AnalysisView Yesterday’s Trading Analysis Disclaimer: Sally Ho’s Technical Analysis is provided by a third party, and for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

During peak times, DoorDash’s AI system will take the load off restaurants by automatically answering incoming phone calls.